Please enable JavaScript to view advertisements.
×
App Icon
The Standard e-Paper
Home To Bold Columnists
★★★★ - on Play Store
Download App

Report: High taxes and debt to hit Kenya's economic growth

Treasury Cabinet Secretary Njuguna Ndung'u. [Edward Kiplimo, Standard]

High taxes, increased fuel prices and rising debt are threatening to cripple Kenya's growth, even as the economy is expected to expand by 5.2 per cent in 2024.

A report by consultancy firm Deloitte published December 13 foresees that the country's gross domestic product (GDP) will accelerate at 5.2 per cent anchored on improved agricultural production and related exports as well as growth in the services sector.

Premium Article

Get Full Access for Ksh299/Week.

Bold Reporting Takes Time, Courage and Investment. Stand With Us.
Continue Reading  →
What you get
  • Unlimited access to all premium content
  • Ad-free browsing experience
  • Mobile-optimised reading
  • Weekly newsletters & digests
Pay via
M - PESA
VISA
Airtel Money
Secure Payments Kenya's most trusted newsroom since 1902
Support Independent Journalism

Stand With Bold Journalism.
Stand With The Standard.

Journalism can't be free because the truth demands investment. At The Standard, we invest time, courage and skills to bring you accurate, factual and impactful stories. Subscribe today and stand with us in the pursuit of credible journalism.

Pay via
M - PESA
VISA
Airtel Money
Secure Payment Kenya's most trusted newsroom since 1902

Follow The Standard on Google News